Overall impact
B (60)

Commentary

Best Buy is a strong overall performer. With a 'B' rating of 60.2 for overall impact (63rd percentile compared to all companies), Best Buy ranks 2nd out of 8 industry peers, behind Wayside Technology, and ahead of Conns, Radioshack, One Stop Systems and 3 others. On top material causes for Best Buy's industry (Retail), Best Buy performs well in Reduced Waste (84.3 score), Quality Primary Education (95.9), Equal Pay and Opportunity (95.2) and 4 other causes where it received an 'A' score and performs poorly in Child and Maternal Health (32.9 score), Fair Labor Practices (34.8), Decent, Safe Work Opportunities (38.6) and 2 other causes where it received a 'D' or 'F' score.
Impact
Cause BBY
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Founded
1966
Employees
82,000
Sector
Consumer Discretionary
Industry
Specialty Retail
Sub-industry
Computer & Electronics Retail
SASB industry
Multiline and Specialty Retailers & Distributors
Headquarters
Mn, United States
Share classes
BBY
Mission
We're a growth company focused on better solving the unmet needs of our customers—and we rely on our employees to solve those puzzles.
Description
Best Buy Co., Inc. offers technology products and solutions in the United States, Canada, and internationally. It provides computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products. The company also offers home theaters that include home theater accessories, soundbars, and televisions. Its stores provide appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care products. Additionally, it offers entertainment products consisting of drones, peripherals, movies, and toys, as well as hardware and software, virtual reality, and other software products. Other products include baby items, food and beverage, luggage, and outdoor living products. In addition, it provides delivery, installation, memberships, repair, set-up, technical support, health-related, and warranty-related services. The company offers its products through stores and websites under the Best Buy, Best Buy Ads, Best Buy Business, Best Buy Essentials, Best Buy Health, Current Health, Geek Squad, Imagine That, Insignia, Lively, My Best Buy, My Best Buy Memberships, Pacific Kitchen, Home, TechLiquidators, and Yardbird brand names, as well as domain names comprising bestbuy.com, currenthealth.com, lively.com, techliquidators.com, yardbird.com, bestbuy.ca, and techliquidators.ca. The company was formerly known as Sound of Music, Inc. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
Material causes
Ethos considers the following causes material for Best Buy, based on its industry sub-industry Computer & Electronics Retail. Learn more about material causes in our methodology overview.
Not available

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